Question: Which are true statements about cost accounting? Multiple select question. It is a subset of both financial and managerial accounting. It only serves the needs
Which are true statements about cost accounting?
Multiple select question.
It is a subset of both financial and managerial accounting.
It only serves the needs of financial accounting.
It reports the cost of goods manufactured and sold, as well as the cost of goods manufactured and not sold.
It does not play any role in the income measurement aspect of financial accounting.
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